Lakeshore Intergenerational School

EIN: 464486896 501(c)(3) Education

Cleveland, OH

Total Revenue
$2,699,339
Total Expenses
$2,350,171
Total Assets
$3,154,673
Net Assets
$-100,906
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Phone
2165863872
Tax Period
2023-07-01 to 2024-06-30

Lakeshore Intergenerational School, founded in 2014, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $2.4M left a modest 13% surplus.

Mission

Lakeshore Intergenerational School is the second replicationof the award-winning Intergenerational School that opened on Cleveland 's east side in 2000. The school features a curriculum where students learn at their own pace and knowlege is contructed through social connections. The model breaks down traditional age barriers to create an environment where learners of all come together for shared experiences. Lakeshore Intergenerational School has been rated among the Top Elementary Schools in the entire city of Cleveland for student achievement. Each multi-age classroom (spanning 3-4 years of age and varied abilities), creates a dynamic and individualized learning environment where everyone can move fluidly through development states based on mastery (no social promotion).

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,368,321
Program Service Revenue $80,493
Investment Income $94,775
Other Revenue $155,750
TOTAL REVENUE $2,699,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,168,576
Fundraising Expenses $0
Program Expenses $1,498,735
Other Expenses $1,181,595
TOTAL EXPENSES $2,350,171

Year-over-Year Comparison

2023 2022 Change
Revenue $2,699,339 $3,124,275 -0.1%
Expenses $2,350,171 $2,726,115 -0.1%
Net Income $349,168 $398,160 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
25
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lynn Carpenter Co-Founder 1
Officer Director
$0 $0 $0
Stacy Miller Vice Chair 1
Officer Director
$0 $0 $0
Joanna Lopez-Inman Secretary 1
Officer Director
$0 $0 $0
Karen Chambers Board member 1
Director
$0 $0 $0
Danielle Clark Board member 1
Director
$0 $0 $0
Richaun Bunton Board member 1
$0 $0 $0
Brooke King Principal 40
Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,699,339 $2,350,171 $3,154,673 $349,168
2023 $3,124,275 $2,726,115 $3,871,866 $398,160
2022 $3,616,823 $2,718,663 $3,748,197 $898,160
2021 $2,879,893 $3,247,722 $2,115,295 $-367,829
2020 $2,592,521 $3,265,343 $2,086,114 $-672,822
2019 $2,534,637 $2,800,315 $2,102,374 $-265,678
2018 $2,418,325 $2,027,858 $1,987,277 $390,467
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Lakeshore Intergenerational School with other nonprofits in Ohio and across the country.